Pension (Risk Transfer), Actuary, Administrator, Paralegal
Company: Corebridge Financial
Location: Jersey City
Posted on: April 1, 2026
|
|
|
Job Description:
Who We Are At Corebridge Financial, we believe action is
everything. That’s why every day we partner with financial
professionals and institutions to make it possible for more people
to take action in their financial lives, for today and tomorrow. We
align to a set of Values that are the core pillars that define our
culture and help bring our brand purpose to life: We are stronger
as one: We collaborate across the enterprise, scale what works and
act decisively for our customers and partners. We deliver on
commitments: We are accountable, empower each other and go above
and beyond for our stakeholders. We learn, improve and innovate: We
get better each day by challenging the status quo and equipping
ourselves for the future. We are inclusive: We embrace different
perspectives, enabling our colleagues to make an impact and bring
their whole selves to work. Who you'll work with The Institutional
Markets - Pension team is one of the top writers of pension risk
transfer transactions in the US. As our business continues to grow,
the US pension underwriting team is looking to hire a professional
with actuarial or defined benefit pension plan expertise. About the
role Depending on the candidate’s background, the successful
candidate will perform one or multiple of the following duties: (1)
underwrite, assess pension risks, perform actuarial calculations,
and assemble commitment agreements in technical aspects; (2) act as
internal project manager in all technical aspects of onboarding new
business across internal functions; (3) act as pension specialist
to support call center through managing defined benefit pension
plan’s benefit calculations, modeling, and testing; (4) act as
pension specialist in drafting and reviewing defined benefit
pension provisions in contracts from the actuarial modeling and
pension administration perspectives before documents are utilized
by call center, are delivered to individuals or are filed with
state regulators; and/or (5) lead inforce governance and special
projects assisting internal functions. Responsibilities Explain
technical actuarial and/or pension topics to Head of US PRT Be
viewed as the defined benefit pension plan expert within the
company Assess pension risks, calculate premiums, and customized
contract terms affecting premiums or operations Guide onboarding
and lead cross function collaboration Design or implement
governance, controls, process, and procedures Review actuarial
calculations and actuarial methodology in a controlled environment
Execute actuarial model risk management framework including model
development and testing Apply technical expertise to support
Operations and Valuation teams and ensure successful implementation
of new business leading to accurate and reliable financial
reporting Think creatively and exercise sound judgment in leading
projects Skills & Qualifications Defined benefit pension plan
experience Ability to interpret and implement complex pension plan
benefit provisions as well as drafting of documents At least one of
Pricing, Valuation, Actuarial Modeling, Pension Administration or
Contract experience Pension benefit calculation modeling, testing,
or production experience Project management experience Self-Starter
who is comfortable dealing with both complexity and ambiguity, with
ability to explore multiple solutions to a problem Awareness of
governance best practice and controls required Competence in using
Microsoft Office programs; familiarity with VBA coding a plus
Ability to work and thrive in a dynamic team environment, possess
excellent interpersonal, written and oral communication skills and
having a comfort with explaining complex materials in a clear,
focused, and concise manner Bachelors degree in Actuarial Science,
Mathematics, Statistics, or related field Pursue one of the Society
of Actuaries, the Enrolled Actuaries, or the American Society of
Pension Professionals & Actuaries certification Compensation The
anticipated base salary range for this position is $130, 000 to
$140, 000 at the commencement of employment. Not all candidates
will be eligible for the upper end of the salary range. The actual
compensation offered will ultimately be dependent on multiple
factors, which may include the candidate’s geographic location,
skills, experience and other qualifications. In addition, the
position is eligible for a discretionary bonus in accordance with
the terms of the applicable incentive plan. Corebridge also offers
a range of competitive benefits as part of the total compensation
package, as detailed below. Work Location This position can be
based in Corebridge Financial’s Houston-TX, Wilton-CT, Jersey
City-NJ, or Wilmington-DE office and is subject to our hybrid
working policy, which gives colleagues the benefits of working both
in an office and remotely. Remote candidates may be considered.
Estimated Travel Minimal travel. Why Corebridge? At Corebridge
Financial, we prioritize the health, well-being, and work-life
balance of our employees. Our comprehensive benefits and wellness
program is designed to support employees both personally and
professionally, ensuring that they have the resources and
flexibility needed to thrive. Benefit Offerings Include: Health and
Wellness: We offer a range of medical, dental and vision insurance
plans, as well as mental health support and wellness initiatives to
promote overall well-being. Retirement Savings: We offer retirement
benefits options, which vary by location. In the U.S., our
competitive 401(k) Plan offers a generous dollar-for-dollar Company
matching contribution of up to 6% of eligible pay and a Company
contribution equal to 3% of eligible pay (subject to annual IRS
limits and Plan terms). These Company contributions vest
immediately. Employee Assistance Program: Confidential counseling
services and resources are available to all employees. Matching
charitable donations: Corebridge matches donations to tax-exempt
organizations 1:1, up to $5,000. Volunteer Time Off: Employees may
use up to 16 volunteer hours annually to support activities that
enhance and serve communities where employees live and work. Paid
Time Off: Eligible employees start off with at least 24 Paid Time
Off (PTO) days so they can take time off for themselves and their
families when they need it. Eligibility for and participation in
employer-sponsored benefit plans and Company programs will be
subject to applicable law, governing Plan document(s) and Company
policy. We are an Equal Opportunity Employer Corebridge Financial,
is committed to being an equal opportunity employer and we comply
with all applicable federal, state, and local fair employment laws.
All applicants will be considered for employment based on
job-related qualifications and without regard to race, color,
religion, sex, gender, gender identity or expression, sexual
orientation, national origin, disability, neurodivergence, age,
veteran status, or any other protected characteristic. The Company
is also committed to compliance with all fair employment practices
regarding citizenship and immigration status. At Corebridge
Financial, we believe that diversity and inclusion are critical to
building a creative workplace that leads to innovation, growth, and
profitability. Through a wide variety of programs and initiatives,
we invest in each employee, seeking to ensure that our colleagues
are respected as individuals and valued for their unique
perspectives. Corebridge Financial is committed to working with and
providing reasonable accommodations to job applicants and
employees, including any accommodations needed on the basis of
physical or mental disabilities or sincerely held religious
beliefs. If you believe you need a reasonable accommodation in
order to search for a job opening or to complete any part of the
application or hiring process, please send an email to
TalentandInclusion@corebridgefinancial.com . Reasonable
accommodations will be determined on a case-by-case basis, in
accordance with applicable federal, state, and local law. We will
consider for employment qualified applicants with criminal
histories, consistent with applicable law. To learn more please
visit: www.corebridgefinancial.com Functional Area: UW -
Underwriting Estimated Travel Percentage (%): No Travel Relocation
Provided: No American General Life Insurance Company
Keywords: Corebridge Financial, Stratford , Pension (Risk Transfer), Actuary, Administrator, Paralegal, Accounting, Auditing , Jersey City, Connecticut